Business

Nigerian pirates kill 2 sailors, kidnap 4 foreigners

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14 years ago

Nigerian pirates attacked a barge belonging to an oil services company off the coast of Nigeria on Saturday, killing two…

Nigerian stocks index closes higher

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14 years ago

Transactions on the Nigerian Stock Exchange (NSE ) closed in an upbeat mood on Friday as investors renew their confidence…

US judge scolds Samsung in battle with Apple

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14 years ago

SAN JOSE, California, Aug 2, 2012 (AFP) – The judge in a massive smartphone patent case reprimanded Samsung for releasing…

Friesland Campina WAMCO appoints new CEO for Nigeria

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14 years ago

Friesland Campina WAMCO Nigeria Plc, the makers of Peak milk, have appointed Peter Eshikena, 52, as Managing Director. In this…

Lagos Unveils Apapa Regeneration Plan

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14 years ago

For too long, the Apapa Central Business District, CBD, haven to the nation’s seaports, has become a nightmare of sort…

FCMB Grows Net Revenues To N32.4bn

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14 years ago

First City Monument Bank (FCMB)Plc has recorded significant improvements in its financial position for the first half (Q2) of the…

NITDA Earmarks N20m For IT Outsourcing Body

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14 years ago

The National Information Technology Development Agency, NITDA, says it has set aside the sum of N20 million for the upkeep…

54 Investors Bid For 11 PHCN’s Firms

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14 years ago

The Bureau of Public Enterprises (BPE), has received, as at Tuesday, technical and financial proposals from 54 investors interested in…

Etisalat Excite subscribers With Free Subscription Promo

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14 years ago

Nigeria’s most innovative telecommunications company, Etisalat has come out with a new blackberry plan for its subscribers. The new Blackberry…

Nigeria’s crude oil output peaks

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14 years ago

Nigerian oil production hit its highest level ever this week, reaching 2.7 million barrels per day, the state oil firm…

Nigerian Minister Risks Jail Over Meter Contract

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14 years ago

Nnamdi Felix / Abuja Nigeria’s Power minister, Professor Barth Nnaji and Dr. Sam Amadi, chairman of National Electricity Regulatory Commission,…

Glo Sponsors Soyinka Prize for Literature

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14 years ago

The Wole Soyinka Prize for literature in Africa has received a major boost as Nigerian telecommunications company, Globacom Limited, partners…

Toyota’s Output Hits 200m Units

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14 years ago

Toyota Motor Corporation (TMC) recently announced that its worldwide cumulative vehicle production has surpassed 200 million units in June. This…

New Nissan Pathfinder Identical To Concept

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14 years ago

The new Nissan Pathfinder has surfaced on the Net via Nissan’s own Facebook page, and it appears identical to the…

Snippet: Take Heed Hyundai Or…

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14 years ago

I’ve said it before and I’ll say it again that no car company stays as hot as Hyundai has been.…

Stallion Sets Pace For Apollo Tyres

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14 years ago

World renowned Apollo Tyres has formally launched its product range in Nigeria, appointing tyre division of foremost merchandise, Stallion Group,…

Akingbola: London Verdict Vindicates CBN action

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14 years ago

Central Bank of Nigeria Governor Sanusi Lamido Sanusi said the guilty verdict on Erastus Akingbola, former Chief Executive of the…

Nigerian court orders TSKJ pay $310m tax backlog

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14 years ago

Nnamdi Felix / Abuja Nigeria’s revenue account was on Wednesday boosted to the tune of N49 billion, about $310 million…

NNPC, Others Set To Take Over Shell Oil Block

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14 years ago

Nigeria’s state oil company and a local consortium are set to take over an oil block operated by Shell, the…

Shell debunks Nigeria exit rumours

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14 years ago

Shell Petroleum Development Company (SPDC) has debunked speculations that it plans to pull out of Nigeria. Mr Mutiu Sunmonu, the…

Apple, Samsung battle it out in court

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14 years ago

Lawyers for Apple and Samsung debated the differences between copying and honest competition as opened arguments were held Tuesday in…

India enters record book for worst power failure

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14 years ago

India has entered the record books for world’s worst power failure and the people affected. The country of over one…

Nokia Warns Nigerians Against Scam Promos

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14 years ago

Mobile phone manufacturer, Nokia, has warned Nigerians against responding to emails and text messages claiming that they have won huge…

Globacom Launches Glo Flexi Reloaded

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14 years ago

National telecom operator, Globacom, has re-launched its dynamic tariff plan, Glo Flexi, to give subscribers on the Glo network a…

MTN Deploys Ericsson’s Latest SSR Technology

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14 years ago

Nigerian leading telecommunications company, MTN, says it has deployed Ericsson’s latest wireless packet core network technology, SSR 8020, to provide…

Etihad Airline Slashes Fare For Nigerian Passengers

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14 years ago

Etihad Airways says it has slashed fares for Nigerian passengers travelling from Nigeria to other parts of Africa, Middle East,…

Eurozone jobless reaches record 11.2 per cent

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14 years ago

Unemployment across the recession-hit eurozone was a record 11.2 percent in June, with more jobs lost in the single currency…

More suspects charged with oil subsidy theft

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14 years ago

The Economic and Financial Crimes Commission (EFCC) on Monday arraigned two more oil marketers and an oil company before an…

FCMB posts higher profits half year

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14 years ago

First City Monument Bank (FCMB) has reported a 26 per cent increase in profit after tax for its half year…

Apple to launch iphone 5 and iPod nano

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14 years ago

Apple shares shot higher Monday after unconfirmed reports that the tech giant was preparing to launch a new version of…

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